Before considering the idea do consult with an attorney who specializes in real estate, he/she can best advise as to your option; keep in mind that transferring a deed to a minor could pose some potential unforseen problems, therefore again, it's in your best interest to consult with an attorney.... more
Empty homes have always been targets for thieves. It is an unfortunate situation but it is not the agents responsibility to secure your house unless you hired her to do so or she stated she would take responsibility.
ERA First Team
Rochester NY... more
Typically, the agent's fee for professional services for a transaction of this nature would be paid at the time the agreement was agreed to by the parties involved and deposits, fees, etc. were exchanged.
seller+buyer+deposits+executed contract=completed transaction+fee for service
I would have to say that activity varies from area to area, condition and price. Your activity seems pretty good without knowing more info! I see that this questions was asked a couple of months ago, so I hope that you have sold by now or have reduced to get more action and a qualified buyer!... more
I believe that there is a grace period for the upstate contracts. Read the paperwork and ask your realtor immediately. Your listing agent should be able to provide you the correct answer to your question. You have to act quickly in any regards.....
Douglas Montgomery, Broker
County Tax Liens against your property complicate the sale of your home. The real question is, has or when will the county take tiltle to the property. Once this occurs you lose any right or claim to the property, and the new owner (the county) may keep the property or dispose of it by sale. The tax liens will be the first to be paid in the proceeds of the sale and then the mortgage. The homeowner now former homeowner has certain rights on payment of the taxes (timelines). You should consider talking to a real estate attorney to find out exacly what your rights are.
The question then is how much is the home worth, how much do you owe. Are you in arrears in mortgage payments. If so how long? etc etc. Will there be any proceeds left when the home is sold? If the homeowner does not have enough in the proceeds and cannot close this results in a short sale. Someone has to come up with the difference. If you are short and obviously cannot pay then the buyer pays. This needs to be disclosed to any potential buyer during the listing.
So as you can tell there are many factors weighing into the process of selling your home. The answer to your question is if at the end of the sale and going to the closing table if everything breaks even it's a regular sale and the proceeds go to payment of taxes, mortgae, and any other lien holders. Permission may need to be granted from each lien holder in writing that a sale can go forward.
I strongly encourage you to contact an attorney right away, or pay the taxes.... more
If a website could accomplish everything that you are outlining in this post, there wouldn't be such a thing as a real estate agent. The reality is that the internet is only part of the full service marketing offer and should be viewed in the appropriate context. Certainly most every buyer starts out on the internet but often they are just looking at that point. To accomplish what you are asking you will need a high energy - high octane realtor to get the job done.
I also own property in Rochester and have purchased and sold there from out of state. I can recommend an excellent Realtor. Contact me off line at Gail@GailGladstone.com for further information.... more
You should interview 3 Realtors and negotiate commission with them. The total commission you pay to your agent is split between the broker they work for, the buyer's agent, and the buyer's broker. So, you only pay one commission. Your other fees will be your closing costs. When you are interviewing Realtors you can ask for a seller's net sheet which will help you figure out how much you will need to close, based on a specific selling price.